Analyst and Investor Briefing on the Second Quarter of the Fiscal Year Ending March 31, 2014 (FY2014.3)

[ Image ] Presenter:Takuya Nakata President and Representative Director

Presenter:Takuya Nakata President and Representative Director

Yamaha Corporation Analyst and Investor Briefing on the Second Quarter of the Fiscal Year Ending March 31, 2014 (FY2014.3)

Overview of Performance in the First Half of FY2014.3 (Six Months)

Performance in the First Half of FY2014.3

Performance by Business Segment in the First Half of FY2014.3

FY2014.3 1H Operating Income Analysis

Musical Instruments 1H

Audio Equipment 1H

Electronic Devices 1H

Others 1H

Outlook for Second Half and Full Year

Forecast for Performance in FY2014.3 (Full Year)

FY2014.3 Full Year Forecast for Performance by Business Segment

FY2014.3 Full Year Operating Income Analysis

Musical Instruments Full Year Projections

Musical Instruments Sales by Region

Audio Equipment Full Year Projections

Audio Equipment Sales by Region

Musical Instruments/Audio Equipment: Sales by Major Product Category

Electronic Devices Full Year Projections

Others Full Year Projections

Capital Expenditure/Depreciation/R&D Expenses

Inventories

Balance Sheet Summary

In this report, the divs forecast for the Company's future performance have been calculated on the basis of information currently available to Yamaha and the Yamaha Group. Forecasts are, therefore, subject to risks and uncertainties. Accordingly, actual performance may differ greatly from our predictions depending on changes in operating and economic conditions, demand trends, and the value of key currencies, such as the U.S. dollar and the euro.